IDEAL
Bonus Issue
| IDEAL UNITED BINTANG BERHAD |
| EX-date | 23 Mar 2016 |
| Entitlement date | 25 Mar 2016 |
| Entitlement time | 05:00 PM |
| Entitlement subject | Bonus Issue |
| Entitlement description | BONUS ISSUE OF UP TO 55,234,200 WARRANTS IN IDEALUBB ON THE BASIS OF ONE (1) WARRANT FOR EVERY TWO (2) IDEALUBB SHARES |
| Period of interest payment | to |
| Financial Year End | 31 Dec 2016 |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Registrar or Service Provider name, address, telephone no | Tricor Investor Services Sdn Bhd Unit 32-01, Level 32, Tower A, Vertical Business Suite, Avenue 3, Bangsar South, No 8 Jalan Kerinchi 59200 Kuala Lumpur |
| Payment date | |
| a.Securities transferred into the Depositor's Securities Account before 4:00 pm in respect of transfers | 25 Mar 2016 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new shares/securities issued (units) (If applicable) | 55,234,200 |
| Entitlement indicator | Ratio |
| Ratio | 1 : 2 |
| Rights Issue/Offer Price | Malaysian Ringgit (MYR) 1.000 |
| Par Value | Malaysian Ringgit (MYR) 1.000 |
| Remarks : |
The Bonus Shares and Warrants will be credited into the entitled shareholder's central depository system account and notice of allotment will be issued and despatched to the address as per the Record of Depositors within eight (8) market days from the entitlement date. Entitled shareholders are not required to take any action. The Bonus Shares and Warrants will be quoted within two (2) market days after the submission of the application for quotation of the Warrants to Bursa Malaysia Securites Berhad. This announcement is dated 10 March 2016. |
Announcement Info
| Company Name | IDEAL UNITED BINTANG BERHAD |
| Stock Name | IDEALUBB |
| Date Announced | 10 Mar 2016 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-09032016-00004 |